(AMA) I am a soon to be former Celadon admin employee, ask me anything

I worked in recoveries for 8 years. Whatever those trailers are worth on paper subtract 20% if they're recovered within a week for expenses and damage. Semis were a bit better than that, but in both cases we are talking the odd single cab and trailer, not hundreds left littered all over the country with no one looking out for them. Honest talk if they recover 60% of the on paper value of all rolling stock it will be a miracle straight from the gods. Even 50% would be a serious achievement given they are going to glut the market with used trailers and semis and they're going to have to pay someone to locate and retrieve them all.

To tell you how bad it is trying to recover trailers from far flung locations, I don't know any yard in my area that doesn't have a couple of yard trailers that are really just trailers some company going under abandoned on the property and no one ever bothered to try to recover it. They can't license them and haul with them, but they can store stuff in them on property.

I have seen investors lose money by cutting drivers off like this before. They didn't do themselves any favors by not arranging for drivers to bring them in to set locations.

/r/Truckers Thread Parent